Sentiment across Europe and the US improves on waning trade tensions with the US. Most major indices ended the session in the green, but gains in the US were questionable due to the underwhelming set of earnings from big companies including Google, AMD and Ford, and a better than expected ADP report that showed that […]
The post JPY: Is This The Time It Sticks? appeared first on Action Forex.
GBP/USD has rallied by 2.1% from Monday, 3 February swing low. The 2-year yield premium shrinkage between UK sovereign fixed income over the US Treasury Note may trigger a bearish reversal on the GBP/USD. Watch Read more…
GBP/USD stabilizes near 50-SMA as traders await BoE rate cut. Technical signals cannot guarantee bullish continuation. GBP/USD is facing a pivotal moment near the 1.2500 round level and its 50-day simple moving average (SMA) just Read more…
Market Picture The cryptocurrency market is in no hurry to recover. Trading near $3.3 trillion in capitalisation, the crypto market is consolidating at a lower level. Before that, there was consolidation near $3.5 trillion, and Read more…